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I think we have exhausted all the parameters here. Whether it makes sense or not depends on you not further analysis.

Assuming the additional size does not rattle him and he remains profitable he should certainly reinvest rather than pay down debt with a 1% coupon. As the rate goes up he should reevaluate as some of these offers go from 1% to 24% and more. No profitable trader should turn down 1% money ... ever!!

Anyone who can read realizes my recommendation is to not risk the 10k but rather to take down the money and use a small bit at a time to expand on his current winning methodology. If he is going out to shoot the moon and gamble with 10K he is an idiot. I don't think the man is an idiot.

You're right. It's not a good idea it is a great idea. Taking money at one point and using it only if you continue to be profitable as you SLOWLY increase size is about a good a deal as he'll ever encounter. Not liking this deal is only for those constrained by cliches such as never do x, y or...

It sounds like Handle 123 cashed in for approximately 2X his stop over 70% of the time. Nice trading. Particularly nice in ES because you can keep increasing size, even on scalps, until you are trading big money. I would love it if someone could give me an estimate of the size needed to cause...

I agree that the firms typically purchase blanket coverage but, if memory serves, the rider to this policy , covered a single account. As I am sure you know once their is an existing policy firms tend to allow a great deal more "creativity" in a rider than they ever would in the base policy...

CL (and I suspect Brent as well) are thin markets even if you are trading 20 or 25 contracts. You are not going to be able to scale up as you can in ES. Throw up some tick charts -- say 20 ticks per bar -- and take a look at how little volume it takes to trade right through a price. It can be...

I wish Rogers would tell us how much an instrument must tank before it is more than a correction. He acts like an trader or even an investor can just hold through the decline and wait for it all to get back on track. He is delusional.

In 2009 she believed the world financial system was so broken and weak not even the FED could fix it. What she failed to see was that the FED could keep the game alive and well without fixing much. Another case of someone fighting the FED and it being very expensive.

Maverick 74 is generally up to date on prop firms. Asking him is probably your best bet on ET.

A friend of mine moved a very large account to a firm that had $20,000,000 in excess SIPC. He moved in $18,000,000 in cash and securities and told them they could have double that if they increased their coverage. A few weeks later they faxed him the papers showing him his account was covered...

As you say it's a rough school!! Built specifically for a STEM curricula it was, at the time it was built, the most expensive high school in America -- $200,000,000. I lived a few blocks away at one time and when school let out it was like being in Hong Kong!!

If, as I said in my last post, you don't feel the need to trade all that much size just because you took the money you don't have to ensure you can pay the 10G back. Increase size slowly and only as you continue to win and you'll never be that deep in the whole. Don't confuse taking the money at...

The reporting has been woefully inadequate and the chances of the story being accurate are slim. I say slim not because he is a kid but simply because the numbers are so over the top.

http://nypost.com/2014/12/14/stuyvesant-hs-student-nets-72m-on-the-stock-market/

Assuming you can pay off the balance any time you choose you should take the full $10,000. The cost of capital in the first year is very low ... in fact low enough that you can take it and not use most of it right away. Take the money and increase your size gradually so you aren't in over your...

That may well be true, as you say, long term but the pain inflicted in the short term is likely to be quite severe. It would be nice if they turned on Putin but they do love the way he strokes their ego as if Russia is a great nation. It's a second (or even third) class operation with oil...

Not necessarily so. Given that there are so many state actors in the hydrocarbon game production cuts can be, and have in the past, been political decisions not tied to the cost of production.

In short of course you are right. But, I was referencing avg move against me before its a win thus far, not winning number itself. I also measure mae/mfe in all trade outcomes and re-organize risk according to them as I roll along. But yes, statistically nothing means nothing yet. But as a...

You are simply factually incorrect. A loan AT A BELOW MARKET RATE by definition is a bailout. To say otherwise is simply absurd! BTW, I was in favor of bailing out the car companies. At that time not doing it would have not only shut down Michigan but Ohio and half of Wisconsin as well. The...